I'm picturing BHP returning with an offer in the $28 area which will be rejected(as it should) and OZL carries on the buisness of being a well ran, efficient company that it is.
I think for BHP to be successful they will need an offer in the low $30 range. Or current dollar offer with scrip of some percentage to a similar value of the low $30 dollar range.
Personally I thank BHP for returning some fair value to OZL with their below fair offer.
OZL Price at posting:
$25.59 Sentiment: Buy Disclosure: Held